AE Wealth Management LLC

Item 5 – Fees and Compensation

This section details the fees and compensation we receive for our services. Lower fees for comparable services may be
available from other advisers. AEWM allows your IAR to set fees within the range that we provide. As a result, two AEWM
IARs may charge varying rates for similar services. The exact fees and other terms will be outlined in the investment
advisory services agreement between you and AEWM.

Model Portfolio Solutions and Direct Asset Management Services Fees
Fees charged for Model Portfolio Solutions and our Direct Asset Management services are charged based on a percentage
of assets under management, billed in arrears (at the end of the billing period) on a monthly calendar basis and calculated
based on the average daily balance of the account(s) for the current billing period. Fees are prorated (based on the
number of days service is provided during the initial billing period) for your account when opened at any time other than
the beginning of the billing period. Under the average daily balance method, each day’s balance for the month is summed
and then divided by the number of days in the month to compute the average daily balance. The average daily balance is
then multiplied by the monthly portion of the annual fee to determine the monthly fee due. Assets allocated to cash in a

        AE Wealth Management, LLC                                                                    Form ADV Part 2A
                                                                                                       Version 03/2026

model will be included in the billing; non-modelized cash will not be billed for investment advisory fees.

Fees charged for our model portfolio solutions and direct asset management services are negotiable by each IAR based
on several factors, including the type of client, the complexity of the client's situation, the composition of the client's account
(e.g., equities versus mutual funds), the potential for additional deposits, the client’s relationship with the IAR, the total
amount of assets under management, and the selected portfolio(s). AEWM offers an advisory fee discount for IARs,
employees of IARs, employees of AEWM, and employees of Advisors Excel, LLC when accounts are managed by AEWM,
which includes waiving a portion or all of the advisory fee for investments in certain models on the AEWM platform.
Advisors Excel, LLC, an insurance marketing organization under common control and ownership with AEWM, is further
described in Item 10 - Other Financial Industry Activities and Affiliations. Additionally, AEWM will waive the platform
fee charged to newly registered IARs. Further information about this also described in Item 14 – Client Referrals and
Other Compensation.

Based upon the above negotiability factors, each IAR is allowed to set AEWM’s investment advisory fee up to a maximum
amount of 2.5% annually; however, fees surpassing 2% must be approved by Compliance. For model portfolio solutions,
the fee charged to each client includes a portion attributable to AEWM and sometimes a portion attributable to the manager
of the selected model portfolio. A typical distribution for an annual fee of 1.75% would include an allocation of 1.35% to
AEWM (including the asset-based custodial fee) and an allocation of 0.40% to the Strategist. The proceeding is for
illustrative purposes only. The actual annual fee charged by AEWM will be specified in your investment advisory services
agreement.

When your IAR manages their own model portfolios, a portion of your investment advisory fee is not allocated to a
Strategist. However, AEWM does not require your IAR to lower your overall fee in such circumstances. As a result, your
IAR is incentivized to select model portfolios that they manage in lieu of model portfolios managed by Third-Party Managers
or Strategists. The rationale for not requiring your IAR to lower your fees is that your IAR may incur additional expenses
related to the management of these Advisor Managed Models.

AEWM believes that its annual fee is reasonable in relation to services provided and the fees charged by other investment
advisers offering similar services/programs. However, our annual investment advisory fee may be higher than that of other
registered investment advisers offering similar services/programs.

In most circumstances, investment advisory fees will be deducted from your account and paid directly to our firm by your
account’s qualified custodian(s). You must authorize your custodian(s) to deduct these fees and remit them to AEWM. If it
is more convenient, you may instruct AEWM to have your IAR’s investment advisory fees charged to a single, designated
account. However, please note that your custodian will rely solely on AEWM’s instructions regarding the designated
account and will not confirm those instructions with you or verify the amount or timing of fees deducted. Additionally, if
advisory fees for a taxable account are collected from a non-taxable account, this typically constitutes a taxable event and
may result in a penalty. Please consult a tax advisor if you wish to charge all fees to a single advisory account.

You should review your account statements received from the qualified custodian(s) and verify that appropriate investment
advisory fees are being deducted. The qualified custodian(s) will not verify the accuracy of the investment advisory fees
deducted. AEWM has discretion to bill you for fees incurred instead of deducting the fees from your account.

If you are an investment advisory client of AEWM, asset management services are only offered through a wrap fee
program. Therefore, you will generally only pay fees based on assets under management and, in most circumstances,
you will not pay a separate commission, ticket charge, or custodial fee for the execution of transactions in your account.
...

Item 7 – Types of Clients

AEWM generally provides investment advice to the following types of clients:

    •   Individuals
    •   High net-worth individuals
    •   Trusts, estates, or charitable organizations
    •   Retirement and profit-sharing plans
    •   Corporations and other business entities

You are required to execute a written investment advisory services agreement with AEWM to establish an advisory
arrangement with us.

The TPRIA Program is offered exclusively through TPRIAs, and as such, AEWM does not determine the categories or
types of clients the TPRIAs deem appropriate to work with.

Minimum Investment Amounts Required
AEWM’s guidelines typically require a minimum of $10,000 to open an account. Exceptions may be granted to this
minimum if approved by both your IAR and AEWM.